Changwon Special City Selected for Ministry of Land, Infrastructure and Transport Contest for 'Seongho District Saetteul Village Project'
Urban Vulnerable Area Living Condition Improvement Project
Changwon Special City, Gyeongnam Province, announced on the 5th that the ‘Seongho District Saetteul Village Project’ in Seongho-dong and Chusan-dong, Masanhappo-gu, has been finally selected in the 2024 Urban Vulnerable Area Living Condition Improvement Project competition hosted by the Ministry of Land, Infrastructure and Transport.
The Saetteul Village Project is a project aimed at improving the basic quality of life for residents in vulnerable areas by securing a safe residential environment, and the Seongho District has borne fruit after the third attempt.
The selected Seongho District in Masanhappo-gu is a residential area located on a slope below Chusan Park. It is an area with very poor residential conditions due to narrow and steep alleys that make walking difficult for residents, many old houses, abandoned public and vacant houses, and construction waste.
With the selection of the Seongho District Saetteul Village Project in this competition, about 2.7 billion KRW of national and provincial funds will be supported out of the total project cost of 3.5 billion KRW, and it will be implemented over five years from 2024 to 2028 in five areas including safety assurance projects, living and sanitation infrastructure support, and housing maintenance support projects.
The city plans to establish a master plan in the first half of next year and to begin full-scale implementation of the project from the second half. Detailed projects include improving the walking environment, repairing old stone retaining walls, remodeling senior citizen centers, creating parking lots, house repair projects, and demolition of public and vacant houses.
Hot Picks Today
Up to 600 Million Won for Semiconductors, 160 Million Won Bonus for Loss-Making Non-Memory… Samsung Electronics Labor and Management Reach Tentative Deal on Unprecedented Performance Compensation (Comprehensive)
- "Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- Opening a Bank Account in Korea Is Too Difficult..."It Costs 150,000 Won Just to Open a Child's Account or Check Card" [Foreigner K-Finance Status]②
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Hong Nampyo, Mayor of Changwon Special City, said, “The Seongho-dong and Chusan-dong areas are representative vulnerable areas of our city where elderly residents quietly live despite steep alleys and deteriorated residential environments. The selection of the Saetteul Village Project in this competition will greatly improve the residential conditions of the Seongho District residents.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.